philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Kasey Building Association

Not tax-deductible

Davison, MIMutual-benefit / member-servingEIN 23-7134239

To provide a location for non profit organization for fundraising and exempt income producing activities.

56¢ of each $1 spent went to programs.
Run by 21 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $241K a year · 96% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
1080 mo
of spending, in cash
Looks good: 1080.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21K
+265% vs prior year
Spent
$10K
To programs
56%
Net assets
$910K
By yearFY2020–FY2022
Revenue
$21K
FY2022▲ +265%
Revenue by fiscal year
FY2020$723K
FY2021$6K
FY2022$21K
Expenses
$10K
FY2022▲ +41%
Expenses by fiscal year
FY2020$10K
FY2021$7K
FY2022$10K
Net assets
$910K
FY2022▲ +1%
Net assets by fiscal year
FY2020$900K
FY2021$899K
FY2022$910K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Jul 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $6K Management & general 44% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
Marc Corcoran
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Carl Knieper
President
$0Pt VII · Sec A
$0Pt VII · Sec A
David Lane
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kasey Building Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers a space for nonprofits to raise funds and earn income.

Provided by the organization

This section is blank until Kasey Building Association claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2022.
01

Provide a location for non profit organization to complete fundraising and exempt activities.

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$21K
Ln 12
Investment incomeLn 3$17K
Gifts and grantsLn 1h$4K
Money outPt IX
$10K
Ln 25
Programscol B$6K
Managementcol C$4K
Owns and owesPt X
$910K
net assets · Ln 32
Cash and savingsLn 1–2$897K
Total assetsLn 16$910K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Government grantsLn 1e$4K
Investment incomeLn 3$17K
Gains on assetsLn 7$5K
Total revenueLn 12$21K
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$890K
Cash and savings togetherLn 1–2$897K
Land, buildings, equipmentLn 10c$270
Total assetsLn 16$910K
LiabilitiesLn 26$0
Net assetsLn 32$910K
OperationsPt I, VI
EmployeesI 50
VolunteersI 621
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$899K$897K
Land, buildings, equipmentLn 10c$449$270
Total assetsLn 16$899K$910K
LiabilitiesLn 26$0$0
Net assetsLn 32$899K$910K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$150$150
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$509$509
Office expensesLn 13$20$20
OccupancyLn 16$5K$5K
Depreciation, depletion and amortizationLn 22$179$179
Total functional expensesLn 25$10K$6K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $21K$10K$11K$910K 990 PDF
FY2021 $6K$7K−$1K$899K 990 PDF
FY2020 $723K$10K$713K$900K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $20,857 across 5 lines filed
VIII-1e Government grants$4,324
VIII-1h Total contributions, gifts and grants$4,324
VIII-3 Investment incomeRelated to mission $11,578$11,578
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,955$4,955
VIII-12 Total revenueRelated to mission $16,533$20,857
Part IX · Statement of functional expenses $9,961 across 6 lines filed
IX-11c Accounting feesManagement $150$150
IX-11f Investment management feesManagement $4,233$4,233
IX-11g Other fees for servicesPrograms $509$509
IX-13 Office expensesManagement $20$20
IX-16 OccupancyPrograms $4,870$4,870
IX-22 Depreciation, depletion and amortizationPrograms $179$179
IX-25 Total functional expensesPrograms $5,558 · Management $4,403 · Fundraising $0$9,961
Part X · Balance sheet $909,891 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $20,904$6,669
X-2 Savings and temporary cash investmentsStart of year $877,642$889,952
X-4 Accounts receivable$13,000
X-10c Land, buildings and equipment, netStart of year $449$270
X-16 Total assetsStart of year $898,995$909,891
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $898,995$909,891
X-33 Total liabilities and net assetsStart of year $898,995$909,891
Part XI · Reconciliation of net assets $909,891 net assets at year end
XI-1 Total revenue$20,857
XI-2 Total expenses$9,961
XI-3 Revenue less expenses$10,896
XI-4 Net assets at start of year$898,995
XI-10 Net assets at end of year$909,891

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.